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Re: nesgag post# 4447

Monday, 09/26/2011 5:37:52 PM

Monday, September 26, 2011 5:37:52 PM

Post# of 4602
PCFG Is on my watch list. I do know Nevada and gold. I have worked at 3 of the gold mines in NV and one in Cal. When the dollar goes up gold goes down and vsa/ vrsa.PCFG is making good strides to increase there production. They often only sample to find there reserves just far enough into the future to understand what there future looks like. That way there not paying the tax man for what there reserves are worth at that time. That way they can also try not to get bought out by the big guys like Newmont. Newmont has been the Jolly Green Giant walking through the valley plucking up mines and reseverse for the last 10 years in NV. But for the stock that could also be hugely good!I dont know the size of there mill but I think they will be able to process alot more tons per hr then they are right now. From what I have read they where in test mode and making sure the equipment would be good and also tring to get there grind. Some times they can play the market by running there lower grade at lower gold price periods and run the high grade when the price is up. That meens more profit. They will also some times hedge there future production to help insure there gold price. Its A company gamble to help ensure there future.I bought into OKSB on friday. OKSB had A nice bottom hit today. I love using margin, when I win. LOL Hoping it'll climb more tomarrow. Best of luck to you. I will be following PCFG looking for that bottom, it could come at the same time as they anounce more production.

It took me to long to realize I was A procrastinator.

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